PROCEDURE FOR CHANGING THE ENTERPRISES’S BENEFICIAL OWNERS

I am the legal representative of XYZ Limited Liability Company, which has a charter capital of VND 10 billion, consisting of three capital-contributing members: Mr. A contributing VND 5 billion (50%), Ms. B contributing VND 3 billion (30%), and Mr. C contributing VND 2 billion (20%). When the company was registered, it declared Mr. A […]

Electronic Investment Applications with Digital Signatures Required from September 3, 2025

Question: I recently heard that Decree No. 239/2025/ND-CP introduces a new regulation requiring investors to submit electronic dossiers when carrying out investment procedures. What does this regulation specifically provide? Answer: From September 3, 2025, Decree No. 239/2025/ND-CP officially takes effect, amending and supplementing certain provisions of Decree No. 31/2021/ND-CP guiding the implementation of the Law […]

Conversion of a Business Household into a Single-Member LLC

Question: I am currently selling clothes online, with a monthly revenue of about 150 million VND. I also frequently collaborate with KOLs and sell on e-commerce platforms. Recently, a partner has required me to issue VAT  invoices. I am registered as a business household, so it seems I am unable to issue this type of […]

Consultation on the Conversion of Enterprise Type

Question: My company is a single-member limited liability company. My company wants to convert into a joint stock company but cannot mobilize additional individuals to contribute capital to the company. I would like to ask, can my company implement the conversion using another method? Answer:  Clause 2, Article 202 of the Law on Enterprises 2020 […]

Consultation on the Issuance of Collective Labor Agreements and Regulations on Salary, Bonuses, and Allowances

Question: Our enterprise is wondering whether it is mandatory to issue regulations on salary, bonuses, allowances, and a Collective Labor Agreement. If we do not implement these regulations, what legal risks might we face? Answer: Regarding the Collective Labor Agreement: Clause 1, Article 75 of the 2019 Labor Code stipulates: “A collective labor agreement is […]

Decree on Non-Cash Payments

Decree on Non-Cash Payments

On May 15, 2024, the Government issued Decree No. 52/2024/NĐ-CP, which regulates non-cash payments. The key provisions of the Decree are as follows: - Opening

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Adjustment of Petroleum Prices

Adjustment of Petroleum Prices

On May 16, 2024, the Ministry of Industry and Trade issued Circular No. 3250/BCT-TTTN regarding the management of petroleum business operations. The Ministry of Industry

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Official Dispatch 2125/TCT-CS 2024 on value added tax policy.

Value added tax policy

On May 20, 2024, the General Department of Taxation issued Official Dispatch 2125/TCT-CS 2024 on value added tax policy. Accordingly, in case the Company signs

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Corporate Income Tax Incentives

Corporate Income Tax Incentives

On May 20, 2024, the General Department of Taxation issued Circular 2133/TCT-CS 2024 regarding tax policies. Based on the amended Law No. 32/2013/QH13, which supplements

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